Hey Traders,

Barrie Einarson here with today’s edition of “What Makes This Trade Great.” Today, I want to spotlight an incredible trade opportunity our AI flagged with GTI, which once again proves the power of having the right tools and access. To Subscribe: https://go.trade-ideas.com/SHQ
Use Promo Code BARRIE15 for 15% off
August 2024 Test Drive & Contest: https://go.trade-ideas.com/SHxI

The trade was a short on GTI, with the alert coming in at $3.22. If you caught it early, before the stock popped up at all, you could have ridden it all the way down to $2.05—a massive move that represents a 23% drop from the entry point. While the stock has since moved slightly off that low back to $2.48, this trade still stands out as a prime example of how shorting can deliver big gains when executed correctly.

Now, I know some of you might be thinking, “But I didn’t have shorts for GTI.” Believe me, you’re not alone. Even I didn’t have shorts available through Interactive Brokers for this one. That’s why this is such a timely topic, especially with our contest kicking off tomorrow.

Here’s the deal: CenterPoint is sponsoring our three-day stock-picking contest, and if you know anything about CenterPoint, you know they have a reputation for having shorts available on just about any stock, no matter how hard-to-borrow it might be. I’d bet they would’ve had shorts for GTI, no problem. So, if you were trading with CenterPoint, this could’ve been a very lucrative trade for you depending on the size of your short position.

The contest starts tomorrow, and it’s specifically a short-selling competition, so this couldn’t be more appropriate. The trader who makes the most money at the end of the three days will win a $4,000 Amazon gift card. And if you land in the top three, you’ll also get some exclusive goodies from CenterPoint if you decide to open an account with them.

If you’re not signed up for the contest yet, don’t worry—there’s still time. Just check out the link in the email that accompanies this post, and you’ll be good to go.

As always, I’ll be back in the trading room to discuss more opportunities. Don’t miss out on this contest—it’s going to be a great one! For more information, check out my homepage.

Catch you tomorrow, and happy trading!